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e^{\frac{-199\times 10^{4}}{138\times 300}}
To divide powers of the same base, subtract the denominator's exponent from the numerator's exponent.
e^{\frac{-199\times 10000}{138\times 300}}
Calculate 10 to the power of 4 and get 10000.
e^{\frac{-1990000}{138\times 300}}
Multiply -199 and 10000 to get -1990000.
e^{\frac{-1990000}{41400}}
Multiply 138 and 300 to get 41400.
e^{-\frac{9950}{207}}
Reduce the fraction \frac{-1990000}{41400} to lowest terms by extracting and canceling out 200.